This sound is generated automatically. Please let us know if you have any feedback.
Summary of diving:
- Nestlé has completed the first phase of its cloud-based SAP S/4HANA deployment, enhancing enterprise resource planning software in 112 countries and 50,000 employees. According to the October 23 press release.
- The installation, which will take another two years to complete, will embed SAP’s AI-based assistant into Nestlé’s core business systems. The company expects augmented intelligence to improve logistics, supply chain management and order fulfillment efficiency.
- “With this upgrade, we gain more flexibility, capabilities and insight that will help us deliver new products faster globally to meet the needs of our customers and consumers,” Chris Wright, director of information technology and Nestlé, said in the statement.
Diving Insights:
By deploying an AI-centric ERP system, Nestlé expects to enable more advanced ordering that matches supply and demand in real-time for in-store and online retailers. Based on this release, other benefits of the upgrade include consistency in reporting and planning processes, along with automated and standardized procurement methods.
Nestlé CEO Philippe Navratil hasn’t been the most efficient company in the past told investors last monthadded that this organization It wants to speed up decision-making through digitization and automation.
The promotion of Nestlé as a company is done has a purpose Cut costs by cutting 16,000 jobsor 6% of the global workforce over the next two years. Three-quarters of the reductions include company workers, and the rest is due to the reduction of production and supply chain employees.
The food and beverage maker is currently upgrading from SAP S/4HANA Finance, the legacy Enterprise Central Component ERP system, to SAP HANA, an SAP spokesperson said in an email. SAP Introduced ECC in 2004 and financial component in an in-memory database management system in 2014. SAP applications To end mainstream support For ECC in 2027.
A Nestlé spokesperson said that in 2022 it will move its entire SAP ERP from its data centers to the SAP Private Cloud.
Editor’s note: This story was first published in our Weekly Operations newsletter. Register here.
About the Author
